Khazaradze founded TBC Bank in 1992, according to the TBC Bank Group website.
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And now TBC Bank, a big backer, is under investigation over allegations of money laundering (TBC denies these).
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Badri Japaridze also stepped down as vice-chairman of TBC Bank JSC's supervisory, but remained in TBC Bank Group.
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The investigation alleges that certain transactions between TBC Bank's unit, TBC Bank JSC, in Georgia and some entities were illegal, the group said.
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L * Barclays Bank Plc is acting as sponsor and financial adviser to TBC Bank and TBC Plc Source text for Eikon: Further company coverage: (Bengaluru Newsroom)
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And although TBC hopes its Loop system will eventually span the city, a TBC contractor at the Winchester meeting said that public access could be limited for now.
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TBILISI, March 22 (Reuters) - FMO, the Dutch development bank, has sold its remaining shares in Georgia's TBC Bank , the country's largest by loans and deposits, TBC said on Wednesday.
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"After FMO's exit from its shareholding in TBC PLC, the international financial institutions' aggregate holding will amount to approximately 15.1 percent of the total share capital of TBC," the bank said.
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TBILISI (Reuters) - Georgian prosecutors charged TBC Bank Group's (TBCG.
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TBILISI, Feb 28 (Reuters) - Georgia's biggest retail bank TBC Bank Group Plc said on Thursday its corporate subsidiary TBC Bank JSC had received $34 million loan from the European Investment Bank (EIB).
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"The size and structure of the products will allow TBC Bank to accelerate financing of Georgian MSME and small mid-caps through reducing credit risk," Vakhtang Butskhrikidze, TBC Bank's CEO, said on Wednesday.
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Other prices for 5G phones announced this week remain tbc.
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Societe Generale sold a minority stake in Georgia's TBC Bank.
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TBC, which is listed in London, said the two executives were no longer involved in day-to-day management and said there was no suggestion charges would be brought against TBC or its units.
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Denver, CO shows on July 28 and 29 postponed, date TBC.
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Rival TBC Bank will report its first-half results next week.
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Mamuka Khazaradze, who is chairman of TBC Bank Group's board, said he had stepped down as chairman of the supervisory board of TBC Bank JSC as he did not want to harm the bank's reputation further.
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TBC Bank JSC, the corporate division of TBC Bank Group , was being investigated by the National Bank of Georgia (NBG) and the country's office of public prosecution over transactions that took place in 2007 and 2008.
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WAR FOR THE PLANET OF THE APES Nominees tbc BRITISH SHORT ANIMATION
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TBC Bank shares were little changed at 1484 pence at 0934 GMT.
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TBC Bank JSC, the corporate division of TBC Bank Group, was investigated this year by the National Bank of Georgia, or central bank, and the office of public prosecution over transactions that took place in 2007 and 2008.
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State broadcaster TBC said late on Saturday the death toll had reached 218.
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Curiously, TBC has yet to discuss its flagship project with Maryland's fire agency.
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Rival TBC Bank Group Plc, Georgia's largest retail bank, will report results next week.
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TBC has also proposed projects in other parts of the country with varying success.
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Exactly who the witnesses in front of the grand committee will be is tbc.
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Prime Minister Kassim Majaliwa told TBC officials involved in managing the ferry had been detained.
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BGEO's rival TBC Bank Group Plc, Georgia's largest retail bank, will report results next week.
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But what shape any such future UK-EU data transfer arrangement could take remains tbc.
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We'll be bringing you a more fulsome update on Club Finances in a future Newsletter (tbc — Wehner).
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Here's the deal ... TBC says its been cooking since 2004, when it's first restaurant opened in California.
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Product pricing is tbc but they say they're aiming for widely affordable, rather than lux or overly premium.
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Musk founded The Boring Company, or TBC, in 244 after becoming frustrated with Los Angeles' infamous traffic congestion.
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Our next one is September 15th at Red Gallery again—we're be playing alongside Cuckoolander and more TBC.
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The Billboard Creative (TBC) filled the city's ubiquitous roadside advertisements together with the help of nearly 50 artists.
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TBC… I've always thought he would be a dumpster fire as a president, and I was right about that.
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Georgia's economic growth accelerated in the first nine months of 2018, helping TBC and main competitor Bank of Georgia .
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Earlier this month, the NBG asked Khazaradze and Japaridze to step down from the board of TBC Bank JSC.
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Much will rest on how exactly the government changes the law around employment status tests — and that's still tbc.
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The contract withholds over two-thirds of payments until construction is complete, and requires TBC to meet specific ridership goals.
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The institutions reduced their holdings in TBC Bank to 26.7 percent from 55.8 percent during an IPO in June 2014.
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TBC said it has challenged the fine in the country's courts and has been issued an injunction suspending the payment.
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Although it also announced it would be carrying out a number of consultations — leaving the full details of the reform tbc.
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The Loop document says that TBC will install fire detection, suppression and safety measures as well as a powerful ventilation system.
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That being said, there is a slight chance that TBC would not be forced to include more shafts or emergency passages.
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At least, that was the plan before the SNES Mini was revealed, so TBC on that whole 16-bit feast thing.
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The remainder of the debt will be covered in cash and in central bank notes, known by the Spanish acronym TBC.
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Her elusive third album has been "forthcoming" for about two years, and isn't due out until a TBC date in 2018.
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"Schlumberger is being paid ... we have already given them $150 million in TBC, I believe," Correa said in the city of Guayaquil.
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The approval comes with numerous strings and requires TBC to achieve specific milestones, details of which The Guardian published earlier this month.
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You'll recall, our Escobar sources were weighing their options on possible legal action against Musk and TBC for allegedly stealing the idea.
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Works, Transport and Communication Minister Isack Kamwelwe told state broadcaster TBC the death toll had risen to 224 as of Sunday afternoon.
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Georgia's economic growth accelerated in the first nine months of 2018, helping the lender and its main rival TBC Bank Group Plc.
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TBC is developing new tunneling and transportation technologies, and the bricks will be made from soil displaced by the company's tunnel-boring machines.
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TBC has already submitted detailed construction plans to the city for review, which TechCrunch has obtained, and recently raised $303 million in funding.
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TBC pushed back against any new restrictions, telling the board that it was already committed to protecting existing infrastructure along the Loop's route.
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Stricter NFPA standards for car and truck tunnels mean that TBC would have to construct more than 180 exit shafts for each tunnel.
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EVERY WEEKDAY Lika Koplatadze, who sells consumer loans for TBC Bank, one of Georgia's largest, calls between 170 and 250 of her compatriots.
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We Have Always Lived In The Castle (TBC) Shirley Jackson There are few first person narrators quite like young Mary Katherine "Merricat" Blackwood.
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We rate seven banks in Georgia: TBC Bank, Bank of Georgia, Liberty Bank, ProCredit Bank (Georgia), Cartu Bank, Basisbank and Halyk Bank Georgia.
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TBC TBC's asset quality metrics remained sound with NPLs equal to 1.3% of gross loans at end-2016 (end-2015: 1%), fully reserved.
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Among midcaps, cyber security firm Avast slipped 5 percent after a heavily discounted share sale while Georgian lender TBC Bank slumped 7 percent.
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Khazaradze said in February he had been forced to quit his additional role as chairman of TBC Bank JSC due to government pressure.
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The country's economic strength has historically aided TBC and its main rival Bank of Georgia in booking solid earnings through loan book growth.
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There are also numerous other permits and approvals that will be necessary before TBC completes a detailed design and starts digging, including safety assessments.
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He said in February that they had been forced to leave the company's corporate unit, TBC Bank JSC, following pressure from the Georgian government.
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The Boring Company, or TBC, headed back to the Hawthorne City Council Tuesday and got full approval to build a garage-connector test shaft.
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NBG imposed a fine of about 1 million Georgian lari ($377,358.49), TBC said, adding that it was unclear whether NBG will seek additional sanctions.
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Georgian bank TBC estimated Russian visits to the country might fall 50% over the next year, costing the country about $330 million in lost revenue.
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The company's underlying net profit for the first half of the year rose 18.8% to 258.3 million laris ($88.92 million), TBC Bank said on Monday.
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The new company, which was founded in July, will be managed by Steve Davis, the ex-SpaceX engineer who is also running The Boring Company (TBC).
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After receiving approval from the Las Vegas Convention and Visitors Authority, TBC secured the contract in May to build an underground loop system that shuttles people.
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The USB-C to Lightning cables will go on sale in March from $20.99 and the audio adapter will follow the next month with pricing TBC.
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TBC Bank, started as Tbilisi Business Centre in 1992, said its market share in total loans rose 0.2 percentage points year-on-year to 38.4 percent.
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With the help of the organization The People Concern, TBC has also dedicated their billboard at 5th and San Pedro to artists living on Skid Row.
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That day, Georgia's chief prosecutor's office announced that it was investigating $17 million in loans that TBC Bank had made to two Georgian companies in 2008.
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Clark's "Untitled" (1991) and "TBC (HS #94)" (2005) were painted with a broom, an instrument he began using in the early 5233s while living in Paris.
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The LVCVA estimated an initial $1.2 million outlay to TBC in fiscal year 2019, following by $15 million in 2020 and the final $32.47 million in 2021.
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TBC's corporate division, TBC Bank JSC, said it would pay about 1 million lari to the National Bank of Georgia related to an investigation into certain transactions.
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TBC Bank, which moved to the premium listing on the London Stock Exchange last month, said it also bought selected assets and liabilities of JSC Progress Bank.
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Since landing the contract in Las Vegas, TBC has ramped up its hiring as it starts to scale up and move beyond the status of Musk pet project.
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Bricks will be free if used for affordable housing projects About to finish first TBC HQ building made with Boring Bricks in the shape of a medieval watchtower
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TBC is looking to fill the kind of jobs one might expect for such an engineering-heavy endeavor, including civil and tunnel engineers, construction manager and lead architect.
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TBC Bank, which moved to the premium listing on the London Stock Exchange last month, added that no terms of any potential agreement had been agreed upon yet.
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Last week, the country's central bank had asked TBC's chairman and vice-chairman to step down from the board of TBC Bank JSC in relation to the investigation.
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Over the years, the economic health of the former Soviet republic has helped Bank of Georgia and its main rival TBC Bank post strong results on robust lending.
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Last week, TBC Bank JSC said it would end legal action against the central bank, would pay it about 1 million lari ($377,000) and restructure its supervisory board.
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Tbilisi-based TBC, which was started nearly a quarter century ago with just $500 in capital, said its loan book expanded by 22.1% to reach 12.66 billion lari.
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TBC, which offers retail, corporate and small and medium-sized enterprise (SME) banking, said net profit rose to 107.4 million laris ($13 million), in the three months ended Sept.
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TBC Bank JSC also said it would end legal action against the central bank, restructure its supervisory board and that the founding shareholders would step down from that board.
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Japaridze said TBC Bank Group would not be deterred from implementing projects it was working on, including building a deep-sea port in Anaklia on Georgia's Black Sea coast.
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Underlying net profit for the six month ended June rose 18.8% to 258.3 million laris ($13 million), TBC Bank said, as loan book expanded by 14.7% at constant currency.
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"In Burma, everything was cloak and dagger," said Sally Thompson, executive director of The Border Consortium (TBC), which provides food, shelter and other support to refugees in the camps.
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Officials asked for bids for a contract to build and manage the port in 2014, and a consortium led by TBC Holding, which is based in Georgia, won it.
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The upbeat results cap a tough year for TBC, whose chairman Mamuka Khazaradze and deputy Badri Japaridze stepped down from the board after prosecutors charged them with money laundering.
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TBC has promised that the Loop will be able to handle up to 4,400 passengers an hour — equivalent to more than 100,000 a day — as soon as it becomes operational.
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The Boring Company (TBC), Elon Musk's tunneling and transportation startup, has landed a $48.7 million project to shuttle people in an underground Loop system around the Las Vegas Convention Center.
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Sunshine: Mike Bee, who runs Vinyl Dreams, is killing it, and there are studios where people like JP Soul, Nichola, and Anthony Garlic (TBC) are producing house music like crazy.
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JSC Bank Republic, which was founded in Georgia in 1991, was not immediately available for comment, while TBC Bank said it did not have a comment outside of business hours.
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TBC Bank JSC was investigated by the National Bank of Georgia (NBG), which is the region's central bank, and the office of public prosecution over transactions in 2007 and 2008.
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TBC, which serves retail, corporate and small and medium-sized enterprise customers across the country, said profit rose to 20183 million lari ($22018 million) in the 21 months ended Dec.
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GOLD WORK IT OUT TOURSept 23 - Brisbane at TBC ClubSept 28 - Sydney at World BarSept 30 - Coffs Harbour at Plantation HotelOct 6 - Melbourne at LaundryOct 8 - Adelaide at Rocket Bar
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TBC Bank, Georgia's biggest retail bank, said Khazaradze and Japaridze planned to re-join once the claims against them were cleared, adding that the board had "full confidence" in their integrity.
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KEY RATING DRIVERS IDRS AND SENIOR DEBT The Issuer Default Ratings (IDRs) of BoG, TBC and LB are driven by the banks' intrinsic strength, as reflected by their Viability Ratings (VRs).
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TBC Bank Group, which listed in London in 2014, said net interest margin - the main indicator of a bank's financial strength - expanded to 13 percent for the year from 6.5 percent.
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TBC, Georgia's largest retail bank, reported a 23.7 percent jump in quarterly profit in November, as it grew its loan book on the back of strong economic growth in the country.
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At the final bell, the Winchester Town Board awarded this round to the Monorail, conditioning the Loop design's approval on regular coordination between TBC, the Monorail and the city's Public Works department.
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TBC, which offers retail, corporate and small and medium-sized enterprise (SME) banking across the country, said net profit rose to 107.4 million laris ($40.5 million), in the three months ended Sept.
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While most seem to favor the British brand Hunter (even Princess Charlotte has a pink pair), Eugenie opted for a black and khaki two-toned design by TBC for this year's festival.
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While the project is limited for now, TBC has said that the project could someday connect downtown, the Las Vegas Convention Center, the Las Vegas Boulevard Resort Corridor and McCarran International Airport.
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The team is aiming to fund the first manufacturing run via pre-orders, in much the same manner as crowdfunding sites — which means their exact shipping date is tbc at this point.
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The transactions under question were already the subject of an inspection by the country's central bank in 2008, but did not result in any action being taken at the time, TBC said.
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RATING SENSITIVITIES Rating upside for BoG, TBC and PCBG is limited, as the former two are already at the same level as the sovereign, while the latter is constrained by the Country Ceiling.
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The Georgian banking industry is dominated by TBC and its main competitor, Bank of Georgia, which last week warned that growth of unsecured consumer loans would moderate on the back of new regulations.
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TBILISI, Feb 26 (Reuters) - TBC Bank JSC's former chairman Mamuka Khazaradze said on Tuesday he and his deputy Badri Japaridze had been forced to leave last week following pressure from the Georgian government.
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TBC says in the lawsuit, TBS is trading off its good name in the shellfish game -- copying interior designs, significant portions of the menu and even used similar color schemes in their signage.
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The one closest to getting underway this year is in Las Vegas, where TBC has proposed building a high-speed underground transit system that would initially transport people around the Las Vegas Convention Center.
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TBC Bank, Georgia's largest retail lender, last week reported a 23.7 percent jump in quarterly profit, on the back of a strong loan book, and said the growth of the Georgian economy remains solid.
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"The case (against the executives) does not affect the operations of the bank and we are confident TBC will continue to deliver solid results as demonstrated again today," Peel Hunt said in a note.
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"The Cassirers have created a triable issue of fact whether (the Thyssen-Bornemisza Collection) knew the painting was stolen from Lilly when TBC purchased the painting from the Baron," Circuit Judge Carlos Bea wrote.
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While the project is limited for now, TBC has said in the past that the project could someday connect downtown, the Las Vegas Convention Center, the Las Vegas Boulevard Resort Corridor and McCarran International Airport.
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Elon Musk's tunneling and transportation startup The Boring Company (TBC) is ramping up hiring about six weeks after landing a $48.7 million commercial contract to build and operate an underground "people mover" in Las Vegas.
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The Mercury News went into more detail as to what the city council approved TBC to build in what looks like an unassuming, palm-tree-lined Los Angeles area neighborhood in the Los Angeles area.
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TBC Bank JSC, which has been in a dispute with the National Bank of Georgia, said the EIB's five-year loan facility would primarily be used to finance small and medium-size enterprises in Georgia.
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To facilitate this further, the organization has launched a TBC app with a geotagged map of the project, an encouragement for users to navigate through LA traffic to each and every one of the works.
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TBC became Georgia's largest bank by loans and deposits after buying JSC Bank Republic for 337 million lari ($23.23 million) in October 2016 from France's Societe Generale and the European Bank for Reconstruction and Development (EBRD).
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Over the next 18 months, TBC has to construct one pedestrian tunnel, two 0.8-mile vehicle tunnels and three underground stations, as well as modify and test seven-seater Tesla cars to carry up to 16 people.
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Downgrades of the IDRs and VRs of BoG, TBC and LB, as well as PCBG's VR, may result from rapid growth or a marked deterioration of asset quality, leading to a substantial weakening of the banks' capitalisation.
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"The shares sold by FMO were acquired by a number of institutional investors from the UK, USA and continental Europe through an accelerated bookbuild transaction managed by Barclays and Renaissance Capital," TBC Bank said in a statement.
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"The growth of the Georgian economy remains solid despite increased uncertainties in the region, contractionary fiscal policy and one-offs related to some large infrastructure projects," TBC Chief Executive Officer Vakhtang Butskhrikidze said in a statement on Thursday.
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While TBC also flagged a sharp slowdown in non-mortgage retail lending following the introduction of the new regulation, it stuck to its medium-term goals that target loan book growth in the range of 10-15 percent.
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TBC Bank, Georgia's largest retail bank, gave up nearly 7 percent after it said Georgia's central bank had asked its chairman and vice-chairman to step down as board members of its unit relating to an ongoing investigation.
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"Accordingly, after considering all of the evidence and arguments of the parties, the court concludes that TBC is the lawful owner of the painting," Walter wrote, because the museum purchased it in good faith from a Swiss industrialist.
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U.S. District Judge John Walter said he was bound by Spanish law in the nearly two-decade fight between heirs of Lilly Cassirer and the Thyssen-Bornemisza Collection (TBC) over the Paris street scene painted by Pissarro in 1897.
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In May, the Las Vegas Convention and Visitors Authority approved a $48.7 million contract for The Boring Company (TBC) to design and build a short underground transit system at the city's Convention Center, using Tesla electric vehicles running through narrow tunnels.
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Another new feature, added initially to Line's iOS app, with an Android release date still tbc, is the ability to display a minimized video or YouTube player from within the Line app — to, as Line puts it, "enjoy videos while chatting".
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Georgian lender TBC Group, whose shares have been pressured lately after its chairman stepped down following money laundering charges, surged 11.3% on its best day on record as its first-half profit rose by nearly a fifth on strong lending.
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"They have both arrived at this decision after careful consideration in order to ensure that the allegations made against them do not affect the Group and to be able to concentrate on refuting those allegations," TBC Bank said in a statement.
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Regulatory Tier 33717 CAR was a tighter 33710003% due to conservative 3371956% risk weighting of foreign currency loans and regulatory deductions of investments in Bank Republic, potentially allowing TBC to additionally reserve 33719908% of loans before breaching the regulatory minimum.
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"We took a forced step when we left the bank, but we will not yield our worth and justice," Khazaradze, who is still chairman of the board of TBC Bank Group, Georgia's biggest retail bank which is listed in London, said.
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"(The) court has no alternative but to apply Spanish law and cannot force the Kingdom of Spain or TBC to comply with its moral commitments," Walter said in a 34-page ruling issued in his chambers in Los Angeles on Tuesday.
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Now, what with it being the unforeseen finish to Ubisoft's show (and perhaps a little too foul-mouthed, but that's a discussion for elsewhere) we know that Beyond Good & Evil 2 is a prequel to the original—Jade's presence, TBC.
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Bel Canto (TBC) Ann Patchett An opera singer trapped in a hostage crisis in a South American country is the unlikely premise for this captivating story, which won numerous awards on its release in 2001, including the PEN/Faulkner Award For Fiction.
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Georgia's biggest retail bank TBC Bank Group climbed 9.5 percent to the top of the mid-cap index as its full-year earnings surged and it took action to resolve a dispute with the country's central bank over its corporate bank subsidiary.
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Now, they've got their own version out in the marketplace -- which retails for $500 -- but more importantly, our Escobar sources say Roberto and la familia are weighing their options on potential legal action against Musk and TBC for alleged intellectual property theft.
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TBC shares were up 2% in early deals on Monday after the company also announced a share buyback of up to 20 million pounds ($24.71 million) and reported a 24.5% jump in total customer deposits 9.88 billion laris as of June 30.
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The banks reviewed in the peer report are Bank of Georgia (BB-/Stable/bb-), TBC Bank (BB-/Stable/bb-), Liberty Bank (B/Stable/b), ProCredit Bank (BB/Stable/bb-), Cartu Bank (B+/Stable/b+), Basisbank (B/Stable/b) and Halyk Bank Georgia (BB-/Stable).
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"This (decision) will have a positive effect on the transparency of the (TBC) bank and will increase investor confidence, which will ultimately have a positive effect on the development of the bank and the country's financial sector," the National Bank said in a statement.
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The country's central bank believes that these entities were related to the chairman and deputy chairman of TBC Bank Group, the company said, and the investigation alleges that these transactions were not in compliance with a Georgian law on the regulation of conflicts of interest.
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"Closing our land border with Mexico would be a ridiculous staging of security theater: the practice of false efforts intended to provide the feeling of improved security while doing little or nothing to actually achieve it," the Texas Border Coalition (TBC) said Tuesday in a release.
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Where: Kaliningrad Stadium, Kaliningrad Capacity: 33,973 When: Friday June 22, 2000 local (1800 GMT/1400 ET) Referee: TBC Key stats: - Switzerland opened their World Cup account with a gutsy 1-1 draw against five-times champions Brazil while Serbia went top the group with a 1-0 victory over Costa Rica.
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FMO was one of TBC Bank's four original international financial institution shareholders, holding 4.4 percent of the bank's share capital after the Initial Public Offering (IPO) of its Global Depository Receipts in June 2014 and 4.4 percent following its listing on the premium segment of London Stock Exchange in August 2016.
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Total raised: $58 million (TBC - one undisclosed round)Last round: $26 million Series B in January 2017Key investors: Insight Partners (Shopify, HelloFresh, N26), Great Oaks Venture Capital (Acorns, Boatsetter, OkCupid), Y Combinator (Airbnb, Dropbox, Stripe)EquipmentShare is a platform for contractors to list and rent construction equipment from power tools to bulldozers.
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Telstra, Australia's biggest phone company, on April 15 agreed to sell 47.7 percent of Autohome's total issued shares to Ping An. Within hours, an offer to acquire Telstra's stake at $31.50 a share was made by a consortium of Autohome chief executive and minority shareholder James Qin, and private equity firms Boyu Capital Advisory, Sequoia China Investment Management and Hillhouse TBC Holdings.
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SEE THIS DEAL Get a bargain on flights to Iceland using code 'ICEICE50' See Details Second Offer: £50 off short and medium haul holidaysCode: 'BEACH50'Min Spend: £700 Booking Dates: 12th April 20183 - TBC Travel Dates: 01/05/2018 - 31/10/2018 SEE THIS DEAL Third offer: £150 off long haul holidaysCode: 'DREAM150'Min Spend: £1500Booking Dates: 12th April 2018 - TBCTravel Dates: April 2018-October 2018 SEE THIS DEAL
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Catch Alunah on tour: 31/03/17: The Chameleon, Nottingham, UK06/04/173: The Flapper, Birmingham, UK07/04/17: Bannermans, Edinburgh, UK217/211/205: Rebellion, Manchester, UK217/212/205: The Lounge, London, UK 133/213/205: Metal Front, Coevorden, Holland217/05/17: Exit Club, Dusseldorf, Germany08/05/17: Music City, Antwerp, Belgium09/053/17: TBC10/05/17: TBC11/05/17: Coq d'Or, Olten, Switzerland 12/05/17: Bloom, Mezzago, Italy13/05/17: TBC Kim Kelly is psyched on Twitter.
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November 22, Santeria Social Club, Milan, Italy November 23 - Monk Club, Rome, Italy November 24 - TBC, Turin, Italy November 25 - Bronson Club, Ravenna, Italy November 26, Latteria Molloy, Brescia, Italy November 27 - Teatro La Claque, Genoa, Italy November 30 Fri-Son, Fribourg, Switzerland December 1 - Alte Feuerwache, Manheim, Germany December 2 - Gretchen, Berlin, Germany December 3 - Stadtgarten, Cologne, Germany Related Missy Elliot and Pharrell's "WTF" Puppeteers Talk Pulling the Strings Robot Puppets Light Up a Stop-Motion Short Film Moss-Covered Mythological Creatures Awaken in an Interactive Installation
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In November 2019, Bloomberg reported that the Commission is planning a $3.9BN EU fund to launch in 2021 — and be run by the European Innovation Council — to support early stage 'deep tech' startups working in areas such as biotech, health tech and AI. (Although the size of the fund remains tbc, as it's dependent on the outcome of budget talks.) "It may be too late to replicate hyperscalers, but it is not too late to achieve technological sovereignty in some critical technology areas," is Von der Leyen's suggestion, with supercomputing citied as an exemplar.
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